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Winklevoss told Bloomberg about IPO opportunity for Gemini

The founders of bitcoin exchange Gemini, the Winklevoss brothers, told Bloomberg that they are considering a public offering of their company.

“We are definitely considering this and are doing everything to ensure that we have this opportunity. We are monitoring the market, and we are conducting internal discussions about the timeliness of such a step, “Cameron Winklevoss said in an interview.

Gemini Trust Co business, founded in New York in 2014, includes a cryptocurrency exchange and custodian service. According to the Bloomberg Billionaires Index, each brother is worth about $ 2 billion.

Earlier, billionaires have repeatedly predicted the rise in the price of bitcoin to $ 500,000, calling it the only long-term protection against inflation.

In a public offering, direct listing or reverse takeover, the Winklevoss will have to disclose their wealth in digital currencies, Bloomberg recalled.

As a reminder, Bakkt, an institutional Bitcoin derivatives trading platform, confirmed earlier this week that it will go public as a result of the acquisition of VPC Impact Acquisition Holdings.

Coinbase, the largest US crypto exchange, filed for an IPO with the US Securities and Exchange Commission (SEC) late last year.

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My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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